Big companies now have a hand in the collaborative economy

Mobile, social, and geolocation technologies have propelled collaborative commerce well beyond the realm of bartering and tag sales to impact almost every consumer sector of the economy. Big brands are now starting to invest and partner to establish a foothold in the collaborative economy.

The term “collaborative economy” refers to the growing practice of consumers serving each other directly rather than being served by companies, and paying for the use of goods rather than owning them. Mobile, social, and geolocation technologies have propelled collaborative commerce well beyond the realm of bartering and tag sales to impact almost every consumer sector of the economy, from transportation to lodging to finance. Big brands are now starting to invest and partner to establish a foothold in the collaborative economy.

http://dupress.com/

Related Posts

  • 79
    Follow up of my post on BIG COMPANIES NOW HAVE A HAND IN THE COLLABORATIVE ECONOMY Here is one picture.
    Tags: collaborative, economy, hand, companies, big
  • 74
    http://www.teslamotors.com/sites/default/files/blog_attachments/gigafactory.pdf
    Tags: economy
  • 71
    This is a story about ARM Holdings (ARMH), the mobile technology company. But before it gets going, here are a few things you need to know: 1. ARM is a company made up mostly of chip engineers. They design parts of chips—such as graphics and communication bits—and they design entire…
    Tags: mobile, economy
  • 70
    Greek debt tracker   As the government in Athens haggles with its lenders over economic reforms,Greece is running out of money. Here is what it owes in the upcoming months. http://www.ft.com/ig/sites/2015/greek-debt-monitor/
    Tags: economy
  • 70
    Why do we say so ? Easy money policies of recent years could lead to big problems. Warning indicators like the significant number of original general public offerings of organizations that are unprofitable, and substantial degrees of financial debt issued to firms, often with weak credit score.
    Tags: big, economy